Painting found in Arizona garage worth $10 to $15 million

[TexasTowelie]

Auctioneer Josh Levine, owner and CEO of J. Levine Auction & Appraisal, holds a lost Jackson Pollock gouache painting that will be auctioned on June 20 in Scottsdale, Arizona. (Sami Gill, PRNewsfoto/J. Levine Auction & Appraisal)


SCOTTSDALE, Ariz. – A painting discovered in a garage in Sun City, Arizona is believed to be an original Jackson Pollock worth $10 to $15 million.

The rare, lost Jackson Pollock painting will go up for auction on Tuesday, June 20 at J. Levine Auction & Appraisal after the Scottsdale-based auction house spent nearly 18 months and tens of thousands of dollars researching and authenticating the forensics and ownership history.

According to a news release from J. Levine Auction & Appraisal, the abstract, untitled gouache painting measures 22 ½ x 32 inches with a forensic report stating, among other findings, that “the dating of the painting to the mid-twentieth century is well established as no pigments or binding media introduced in the late 1950s and 1960s have been detected.”

“Interestingly, this estate first came to our attention when we were contacted to take a look at a signed 1992 L.A. Lakers poster,” said Josh Levine, owner and CEO of J. Levine Auction & Appraisal. “We ended up signing a contract to auction the contents of the estate, and that’s when we found many of the paintings stored away.”

Read more: https://www.dcourier.com/news/2017/jun/12/painting-found-arizona-garage-worth-10-15-million/

[MFM008]

1. Makes you want

To clean out the garage.....

[Docreed2003]

2. Amazing story!!

[Squinch]

3. I really don't get Jackson Pollock. That looks like linoleum from the art room floor to me.

[applegrove]

4. Pollack later painting are fractals. They are self similar patterns

on different scales most often found in nature. Fractals were discovered 20 years later in the 1970s.

[Squinch]

5. This one's no fractal.

[applegrove]

6. This one is from the 40s or early 50s. His later paintings were more fractal like.